Volksbank in South Westphalia

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Logo of the cooperative banks  Volksbank in Südwestfalen eG
VBinSWF main office SI.jpeg
Country GermanyGermany Germany
Seat Wins
legal form registered cooperative
Bank code 447 615 34
BIC GENO DEM1 NRD
founding 1877
Association Genossenschaftsverband - Association of Regions eV
Website www.vbinswf.de
Business data 2019
Total assets 3.8 billion euros
insoles 2.777 billion euros
Customer credit 2.210 billion euros
Employee 591
Offices 28
Members 72,344
management
Board Karl-Michael Dommes (Speaker)
Jens Brinkmann
Roland Krebs
Supervisory board Sven Keller (chairman)
List of cooperative banks in Germany

The People's Bank in South Westphalia eG is a cooperative bank with headquarters in Siegen .

history

The bank's roots go back to 1877. The Volksbank eG in South Westphalia was created in 2018 by the merger of Volksbank in the Märkischer Kreis with the Volksbank Siegerland . These two former banks were the result of several mergers over the past few decades.

Business area

The business area of ​​the bank is part of the economic region of South Westphalia . It ranges from Burbach in the south to Balve in the north and from Hilchenbach in the east to Halver in the west - with the exception of the Olpe district . In the areas of Siegerland , the southern Märkischer Kreis and Marienheide , Volksbank in South Westphalia currently has 28 branches and 44 self-service locations. The decentralized corporate structure is reflected in the two main offices in Lüdenscheid and Siegen.

Cooperative financial network

The Volksbank in Südwestfalen offers not only the bank's own products and services of a universal bank but also the entire range of the cooperative financial network. The network partners include Bausparkasse Schwäbisch Hall , R + V Versicherung , the investment company Union Investment , Teambank Nürnberg (e @ syCredit) , VR Leasing , DZ Hyp , Munich Hypothekenbank and the cooperative central bank DZ Bank .

Social Commitment

The bank has entered into partnerships with associations, schools, projects and events in South Westphalia. These include the Siegerland company run , the company run in the Märkischer Kreis and the Volksbank school run. In addition, several clubs are sponsored, such as the handball second division team TuS Ferndorf . The bank also appears as the main sponsor at the Siegerland Summer Festival and the Siegen Open Air Cinema.

Associations can also be supported by the bank and private individuals on the bank's crowdfunding platform under the motto "Many create more" .

In 2019, the bank will donate around 735,000 euros to the business area.

Web links

Individual evidence

  1. a b Master data of the credit institute at the Deutsche Bundesbank
  2. Facts & Figures as of December 31, 2019
  3. a b Fusion
  4. a b History of the VB in Südwestfalen eG. Retrieved October 18, 2018 .
  5. Cooperative Financial Network. Retrieved October 18, 2018 .
  6. Social engagement. Retrieved October 18, 2018 .
  7. Volksbank in Südwestfalen eG - Many create more. Retrieved October 18, 2018 .
  8. Numbers and facts. Retrieved October 18, 2018 .

Coordinates: 50 ° 52 ′ 19.8 "  N , 8 ° 0 ′ 57.1"  E